Product
RBD Palm Kernel Olein Price Trend and Forecast
RBD Palm Kernel Olein Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of RBD Palm Kernel Olein in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
With the removal of precious Black Sea sunflower oil from the market owing to the Russian-Ukrainian conflict, the price of other oils especially palm and soybean oil came under pressure. The prices of palm and palm kernel oil soared globally. With the Indonesian government announcing a ban on the exports of Palm oil citing domestic reasons and the reduced output from Malaysia due to floods negatively impacted the already constricted supply chains.
The prices of Malaysian crude palm kernel oil averaged 1811.19 USD/MT in May 2022. Hence, these inflated feedstock costs directly influenced the price trends for RBD Palm Kernel Olein. However, with the relaxation in the upstream costs and removal of the export ban the prices of palm oil stabilized in the market towards the end of the second quarter. The prices of crude palm kernel oil averaged 1554.50 USD/MT in June 2022.
Procurement Resource provides latest prices of RBD Palm Kernel Olein. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
RBD Palm Kernel Olein is a derived form of palm kernel olein, which is a liquid fraction of palm kernel oil obtained when the oil is fractionated. RBD Palm Kernel Olein is produced from RBD palm kernel oil. In general, palm kernel olein is used in coating fats and is very useful for margarine fats when interesterified with palm stearin.
Product Details
| Report Features | Details |
| Product Name | RBD Palm Kernel Olein |
| Industrial Uses | Coating fats, Coffee whiteners, Soft-fillings |
| Supplier Database | Cargill Incorporated, Wilmar International Ltd, Soon Soon Oilmills Sdn Bhd. |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of RBD Palm Kernel Olein via palm kernel oil
To produce RBD Palm Kernel Olein, palm kernel oil is used as the starting material. Crude palm kernel oil is obtained by crushing the palm kernel, followed by oil extraction. Then, the extracted palm kernel oil is refined, bleached, and deodourised, followed by its fractionation, which finally produces RBD Palm Kernel Olein, that is, the liquid fraction of palm kernel oil.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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